OrbitaxUK Introduces Taxation (Post-Transition Period) Bill
|Proposed Changes|United Kingdom-European Union
UK HM Treasury has announced the introduction of the Taxation (Post-Transition Period) Bill on 8 December 2020.
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Taxation (Post-Transition Period) Bill introduced today
The government has today (8 December 2020) introduced the Taxation (Post-Transition Period) Bill. This implements key aspects of the Northern Ireland Protocol in UK legislation, providing legal clarity for how customs, VAT, and excise duty will be dealt with after the end of the transition period.
- Bill introduced givin…